Exhibit 99.1

MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2013 FIRST QUARTER RESULTS

Financial Highlights for Fiscal 2013 First Quarter

(YoY growth % are on constant currency basis⁽¹⁾; please see table below for YoY growth % on actual basis)

• Revenue rose 47.9% year over year (yoy) to $64.1 million in 1Q13 versus $52.0 million in 1Q12.

• Revenue less service costs⁽²⁾increased 35.8% yoy to $23.9 million in 1Q13 versus $21.1 million in 1Q12.

• Net revenue margin⁽³⁾for Air ticketing and Hotels and packages combined increased to 8.4% in 1Q13 versus 7.7% in 1Q12.

• Adjusted operating profit⁽⁴⁾improved to $2.5 million in 1Q13 versus $1.6 million in 1Q12.

• Adjusted net income⁽⁵⁾ was $1.8 million in 1Q13 versus $1.5 million in 1Q12.

• Adjusted diluted earnings per share⁽⁵⁾ for 1Q13 was $0.05 versus $0.04 in 1Q12.

Gurgaon, India and New York, August 6, 2012 — MakeMyTrip Limited (Nasdaq: MMYT), India’s leading online travel company, today announced its unaudited financial and operating results for its first fiscal quarter ended June 30, 2012.

“MakeMyTrip delivered strong financial results in the first fiscal quarter despite an increasingly challenging operating environment,” said Deep Kalra, Chairman and CEO. “We were able to deliver net revenue growth in line with our guidance by continuously enhancing our customers experience and executing on expanding our Hotels & packages business.”

(in thousands except EPS)	3 months Ended June 30, 2011		3 months Ended June 30, 2012			YoY Change			YoY Change in Constant Currency(1)
Financial Summary as per IFRS
Revenue	$	52,047.7	$	64,134.2			23.2	%		47.9	%
Revenue Less Service Costs(2)	$	21,104.8	$	23,882.9			13.2	%		35.8	%
Air Ticketing	$	14,408.6	$	15,583.5			8.2	%		31.0	%
Hotels & packages	$	5,915.5	$	7,109.7			20.2	%		41.4	%
Other	$	780.7	$	1,189.7			52.4	%		83.5	%
Results from Operating Activities	$	1,791.8	$	(197.8	)
Adjusted Operating Profit(4)	$	1,647.9	$	2,505.9			52.1	%
Income (Loss) for the Period	$	750.9	$	(810.5	)
Adjusted Net Income (5)	$	1,517.6	$	1,819.3			19.9	%
Diluted Earnings (Loss) per Share	$	0.02	$	(0.02	)
Adjusted Diluted Earnings per Share(5)	$	0.04	$	0.05
Operating Metrics
Gross Bookings(6)	$	264,116.0	$	271,472.4			2.8	%		24.1	%
Air Ticketing	$	218,819.6	$	214,662.2			(1.9	)%		18.8	%
Hotels & packages	$	45,296.4	$	56,810.2			25.4	%		50.0	%
Number of Transactions
Air Ticketing		904.1		822.1			(9.1	)%
Hotels & packages		73.3		105.7			44.1	%

(1) Constant currency refers to our financial results assuming constant foreign exchange rates for the current fiscal period based on the reporting for the historical average rate used in the prior year’s comparable fiscal period.

(2) Represents IFRS revenue after deducting service costs. IFRS refers to International Financial Reporting Standards as issued by the International Accounting Standards Board.

(3) Revenue less service cost as a percentage of gross bookings.

(4) Results from operating activities excluding employee share-based compensation costs.

(5) Income for the period excluding employee share-based compensation costs, costs related to follow-on public offering, interest accretion on financial liability related to business combination, net loss on change in fair value of derivative financial instrument and income tax (benefit) expense.

(6) Represent the total amount paid by our customers for the travel services and products booked through us, including taxes, fees and other charges, net of cancellations and refunds.

Please see “About Non-IFRS Financial Measures” included within this release to understand the importance of the financial measures set forth in notes (1) to (6) above. Reconciliations of IFRS financial measures to non-IFRS operating results are included at the end of this release.

Recent Developments

Amendment to the Share Purchase Agreement signed with Luxury Tours & Travel Pte Ltd

In July 2012, the Company entered into an agreement with the remaining shareholders of Luxury Tours & Travel Pte Ltd (LTT) which amended the terms of the original share purchase agreement (SPA) signed in February 2011. As per the amended terms, the Company will purchase the remaining shares held by remaining shareholders (also the original selling shareholders) in LTT by December 31, 2012 at the same price per share as paid for the tranche purchased on the first closing date.

Fiscal 2013 First Quarter Financial Results

Revenue. We generated revenue of $64.1 million in the quarter ended June 30, 2012, an increase of 23.2% (47.9% in constant currency) over revenue of $52.0 million in the quarter ended June 30, 2011.

Air Ticketing. Revenue from our air ticketing business increased by 17.1% (41.8% in constant currency) to $17.2 million in the quarter ended June 30, 2012 from $14.7 million in the quarter ended June 30, 2011. Our revenue less service costs⁽²⁾ increased by 8.2% (31.0% in constant currency) to $15.6 million in the quarter ended June 30, 2012 from $14.4 million in the quarter ended June 30, 2011. This was due to an increase in net revenue margin from 6.6% in the quarter ended June 30, 2011 to 7.3% in the quarter ended June 30, 2012 and increased average transaction values on materially higher airfares, partially offset by a decrease in gross bookings of 1.9% (increase of 18.8% in constant currency) year on year.

Hotels and Packages. Revenue from our hotels and packages business increased by 25.1% (49.6% in constant currency) to $45.8 million in the quarter ended June 30, 2012 from $36.6 million in the quarter ended June 30, 2011. Our revenue less service costs⁽²⁾ increased by 20.2% (41.4% in constant currency) to $7.1 million in the quarter ended June 30, 2012 from $5.9 million in the quarter ended June 30, 2011. This was due to an increase in gross bookings by 25.4% (50.0% in constant currency), which was partially offset by a reduction in net revenue margin from 13.1% in the quarter ended June 30, 2011 to 12.5% in the quarter ended June 30, 2012.

Other Revenue. Our other revenue increased to $1.2 million in the quarter ended June 30, 2012 from $0.8 million in the quarter ended June 30, 2011, primarily due to an increase in income from advertisements.

Total Revenue less Service Costs. Our total revenue less service costs increased by 13.2% (35.8% in constant currency) to $23.9 million in the quarter ended June 30, 2012 from $21.1 million in the quarter ended June 30, 2011 as a result of a 8.2% (31.0% in constant currency) increase in our air ticketing revenue less service costs, as well as a 20.2% (41.4% in constant currency) increase in our hotels and packages revenue less service costs.

Personnel Expenses. Personnel expenses increased to $7.6 million in the quarter ended June 30, 2012 from $4.3 million in the quarter ended June 30, 2011, mainly as a result of employee share-based compensation costs of $2.7 million in the quarter ended June 30, 2012 as against ($0.14) million in quarter ended June 30, 2011, as well as due to increases in annual wages and average employee headcount year over year in the quarter ended June 30, 2012. Excluding employee share-based compensation costs, personnel expenses as a percentage of net revenue decreased by 33 basis points year over year and 1.2 percentage points over the previous quarter.

Other Operating Expenses. Other operating expenses increased by 8.8% to $15.7 million in the quarter ended June 30, 2012 from $14.5 million in the quarter ended June 30, 2011, primarily as a result of an increase in outsourcing fees and payment gateway charges in line with the growth in our business. Other operating expenses as a percentage of net revenue decreased by 2.7 percentage points year over year to 65.9%.

Results from Operating Activities. As a result of the foregoing factors, our results from operating activities was a loss of $0.2 million in the quarter ended June 30, 2012 from a profit of $1.8 million in the quarter ended June 30, 2011. Excluding the effects of our employee share-based compensation costs for both quarters ended June 30, 2012 and 2011, we would have recorded an operating profit of $2.5 million in the quarter ended June 30, 2012 compared with an operating profit of $1.6 million in the quarter ended June 30, 2011.

Net Finance Costs. Our net finance costs decreased to $0.8 million in the quarter ended June 30, 2012 from net finance costs of $1.0 million in the quarter ended June 30, 2011, primarily due to costs of $0.9 million for our follow-on public offering in the quarter ended June 30, 2011 as against higher forex loss of $1.3 million in the quarter ended June 30, 2012 offset by higher interest income earned on term deposits with banks.

Profit (Loss) for the Period. As a result of the foregoing factors, including the effects of employee share-based compensation costs, our loss for the quarter ended June 30, 2012 was $0.8 million as compared to a profit of $0.8 million in the quarter ended June 30, 2011. Excluding the effects of employee share-based compensation costs and interest accretion on financial liability related to business combination for the first quarter of both fiscal years 2013 and 2012, costs related to our follow-on public offering in the first quarter of fiscal year 2012 and net loss on change in the fair value of derivative financial instruments in the first quarter of fiscal 2013, we would have recorded a net profit of $1.8 million in the quarter ended June 30, 2012 and a net profit of $1.5 million in the quarter ended June 30, 2011.

Diluted Earnings (Loss) per share. Diluted loss per share was $0.02 for the quarter ended June 30, 2012 as compared to diluted earnings per share of $0.02 in the quarter ended June 30, 2011. After adjusting for employee share-based compensation costs and interest accretion on financial liability related to business combination for the first quarter of both fiscal years 2013 and 2012, costs related to our follow-on public offerings in the first quarter of fiscal year 2012 and net loss on change in the fair value of derivative financial instruments in the first quarter of fiscal 2013 as mentioned in the preceding paragraph, diluted earnings per share were $0.05 in the quarter ended June 30, 2012, compared to diluted earnings per share of $0.04 in the quarter ended June 30, 2011.

Fiscal Year 2012-13 Outlook

The Company is maintaining its fiscal year 2013 Revenue less service costs growth guidance in the range of 30% to 32% on a constant currency basis. This growth guidance is based on average actual Indian Rupee to U.S. Dollar exchange rate of 48.23 for full fiscal year 2012. On a U.S. dollar basis, we are updating our revenue less service cost guidance in the range of $99 million to $102 million solely to reflect the current 2Q13 average exchange rate of INR 55 to a U.S. Dollar. The previously provided guidance range had assumed an average exchange rate of INR 53 to a U.S. Dollar.

Conference Call

MakeMyTrip will host a conference call to discuss the company’s results for the quarter ended June 30, 2012 beginning at 10:00 a.m. EDT on August 6, 2012. To participate, please dial 1-855-500-8701 from within the U.S. or + 65-6723-9385 from any other country. Thereafter, callers will be prompted to enter the participant passcode 12476340. A live webcast of the conference call will also be available through the Investor Relations section of the company’s website at http://investors.makemytrip.com.

A telephonic replay of the conference call will be available for two weeks by dialing +1-866-214-5335 and using passcode 12476340. A one month replay of the live webcast will also be available at http://investors.makemytrip.com, shortly following the conclusion of the call.

About Non-IFRS Financial Measures

As certain parts of our revenues are recognized on a “net” basis and other parts of our revenue are recognized on a “gross” basis, we evaluate our financial performance based on revenue less service costs, which is a non-IFRS measure, as we believe that revenue less service costs reflects more accurately the value addition of the travel services that we provide to our customers. The presentation of this non-IFRS information is not meant to be considered in isolation or as a substitute for our consolidated financial results prepared in accordance with IFRS as issued by the IASB. Our revenue less service costs may not be comparable to similarly titled measures reported by other companies due to potential differences in the method of calculation.

Constant currency results are financial measures that are not in accordance with IFRS, and assume constant currency exchange rates used for translation based on the rates in effect during the comparable period in the prior fiscal year.

The Company believes that adjusted operating profit, adjusted net income and change in constant currency are useful in measuring the results of the company. The IFRS measures most directly comparable to adjusted operating profit and adjusted net income are results from operating activities and income (loss) for the period, respectively. The Company believes that adjustments to these IFRS measures (including employee stock compensation costs, expenses such as follow-on public offering costs, interest accretion on financial liability related to business combination, net loss on change in the fair value of derivative financial instruments and income tax benefit (expense)) provide investors and analysts a more accurate representation of the Company’s operating results.

Safe Harbor Statement

This release contains certain statements concerning the Company’s future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company’s current expectations, assumptions, estimates and projections about the company and its industry. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “will,” “project,” “seek,” “should” and similar expressions. Such statements include, among other things, quotations from management as well as MakeMyTrip’s (MMYT) strategic and operational plans. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the slow-down of economic growth in India and the global economic downturn, general declines or disruptions in the travel industry, volatility in the trading price of MMYT’s shares, MMYT’s reliance on its relationships with travel suppliers and strategic alliances, failure to further increase MMYT’s brand recognition to obtain new business partners and consumers, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in India and overseas, failure to successfully develop MMYT’s corporate travel business, damage to or failure of MMYT’s infrastructure and technology, loss of services of MMYT’s key executives, and inflation in India and in other countries. These and other factors are more fully discussed in the “Risk Factors” section of MMYT’s 20-F dated June 25, 2012, filed with the U.S. Securities and Exchange Commission. All information provided in this release is provided as of the date of issuance of this release, and MMYT does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About MakeMyTrip Limited and MakeMyTrip.com

MakeMyTrip Limited is the parent company of MakeMyTrip (India) Private Limited, India’s largest online travel company, MakeMyTrip.com Inc., Luxury Tours & Travel Pte Ltd, Singapore (LTT) and Luxury Tours (Malaysia) Sdn Bhd. The Company’s services and products include air tickets, customized holiday packages, hotel bookings, railway tickets, bus tickets, car hire and facilitating access to travel insurance. Through its primary website, www.makemytrip.com, and other technology-enhanced platforms, the company provides access to all major domestic full-service and low-cost airlines operating in India, all major airlines operating to and from India, over 8,900 hotels and guesthouses in India and a wide selection of hotels outside India, Indian Railways and several major Indian bus operators.

For more details, please contact:

INVESTOR RELATIONS

Jonathan Huang

MakeMyTrip Limited

+1 (646) 405-1311

jonathan.huang@makemytrip.com

MAKEMYTRIP LIMITED

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

(UNAUDITED)

	As at March 31, 2012			As at June 30, 2012
	(in USD)
Assets
Property, plant and equipment		7,064,373			6,534,158
Intangible assets		8,349,403			8,603,724
Trade and other receivables, net		807,159			652,460
Investment in equity-accounted investee		838,212			807,105
Other investment		4,416,543			4,233,089
Derivatives instruments		202,054			178,127
Term deposits		648,506			639,085
Other non-current assets		449,559			511,795
Deferred tax assets		8,892,842			9,334,401
Total non-current assets		31,668,651			31,493,944
Inventories		2,367,548			455,012
Current tax assets		5,908,213			4,940,831
Trade and other receivables, net		20,575,261			19,913,465
Term deposits		43,676,624			51,705,655
Other current assets		21,792,776			20,846,563
Cash and cash equivalents		43,798,230			46,299,599
Assets held for sale		404,109			—
Total current assets		138,522,761			144,161,125
Total assets		170,191,412			175,655,069
Equity
Share capital		18,576			18,580
Share premium		150,144,112			150,192,352
Fair value reserve		(428,937	)		(612,391	)
Accumulated deficit		(31,827,379	)		(32,632,658	)
Share based payment reserve		9,388,239			12,050,496
Foreign currency translation reserve		(8,578,442	)		(12,571,318	)
Total equity attributable to equity holders of the Company		118,716,169			116,445,061
Non-controlling interest		75,620			64,249
Total equity		118,791,789			116,509,310
Liabilities
Loans and borrowings		177,280			205,615
Employee benefits		681,135			707,569
Other non-current liabilities		1,487,658			1,105,969
Total non-current liabilities		2,346,073			2,019,153
Loans and borrowings		82,083			86,554
Derivatives instruments		149,135			216,247
Trade and other payables		46,697,644			55,103,908
Deferred income		23,122			21,403
Other current liabilities		2,101,566			1,698,494
Total current liabilities		49,053,550			57,126,606
Total liabilities		51,399,623			59,145,759
Total equity and liabilities		170,191,412			175,655,069

MAKEMYTRIP LIMITED

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(UNAUDITED)

	For the three months ended June 30
	2011			2012
	(in USD)
Revenue
Air ticketing		14,677,637			17,184,721
Hotels and packages		36,589,345			45,759,796
Other revenue		780,698			1,189,679
Total revenue		52,047,680			64,134,196
Service cost
Procurement cost of hotel and packages services		30,673,822			38,650,117
Cost of air tickets coupon		269,035			1,601,181
Personnel expenses		4,268,650			7,617,930
Other operating expenses		14,476,584			15,743,560
Depreciation and amortization		567,818			719,241
Result from operating activities		1,791,771			(197,833	)
Finance income		461,833			886,962
Finance costs		1,504,484			1,640,679
Net finance costs		(1,042,651	)		(753,717	)
Share of loss of equity-accounted investee		—			(31,107	)
Profit (Loss) before tax		749,120			(982,657	)
Income tax benefit		1,796			172,198
Profit (Loss) for the period		750,916			(810,459	)
Other comprehensive income (loss)
Foreign currency translation differences on foreign operations		(60,419	)		(3,999,067	)
Net change in fair value of available-for-sale financial assets		—			(183,454	)
Other comprehensive income (loss) for the period, net of tax		(60,419	)		(4,182,521	)
Total comprehensive income (loss) for the period		690,497			(4,992,980	)
Profit (Loss) attributable to:
Owners of the Company		756,849			(805,279	)
Non-controlling interest		(5,933	)		(5,180	)
Profit (Loss) for the period		750,916			(810,459	)
Total comprehensive income (loss) attributable to:
Owners of the Company		699,783			(4,981,609	)
Non-controlling interest		(9,286	)		(11,371	)
Total comprehensive income (loss) for the period		690,497			(4,992,980	)
Earnings (Loss) per share
Basic		0.02			(0.02	)
Diluted		0.02			(0.02	)
Weighted average number of shares
Basic		35,688,911			37,160,794
Diluted		36,933,491			37,160,794

MAKEMYTRIP LIMITED

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

(UNAUDITED)

	Attributable to equity holders of the Company
	Share capital		Share premium		Fair value reserve			Accumulated deficit			Share based payment reserve			Foreign currency translation reserve			Total			Non- controlling interest			Total equity
	(In USD)
Balance as at April 1, 2012		18,576		150,144,112		(428,937	)		(31,827,379	)		9,388,239			(8,578,442	)		118,716,169			75,620			118,791,789
Total comprehensive income (loss) for the period
Profit (loss) for the period		—		—		—			(805,279	)		—			—			(805,279	)		(5,180	)		(810,459	)
Other comprehensive income (loss)
Foreign currency translation differences		—		—		—			—			—			(3,992,876	)		(3,992,876	)		(6,191	)		(3,999,067	)
Net change in fair value of available-for-sale financial assets		—		—		(183,454	)		—			—			—			(183,454	)		—			(183,454	)
Total other comprehensive income (loss)		—		—		(183,454	)		—			—			(3,992,876	)		(4,176,330	)		(6,191	)		(4,182,521	)
Total comprehensive income (loss) for the period		—		—		(183,454	)		(805,279	)		—			(3,992,876	)		(4,981,609	)		(11,371	)		(4,992,980	)
Transactions with owners, recorded directly in equity
Contributions by owners
Share-based payment		—		—		—			—			2,703,773			—			2,703,773			—			2,703,773
Issue of ordinary shares on exercise of share options		4		48,240		—			—			(41,516	)		—			6,728			—			6,728
Total contributions by owners		4		48,240		—			—			2,662,257			—			2,710,501			—			2,710,501
Balance as at June 30, 2012		18,580		150,192,352		(612,391	)		(32,632,658	)		12,050,496			(12,571,318	)		116,445,061			64,249			116,509,310

MAKEMYTRIP LIMITED

CONSOLIDATED STATEMENT OF CASH FLOWS

(UNAUDITED)

	For the three months ended June 30
	2011			2012
	(in USD)
Profit (Loss) for the period		750,916			(810,459	)
Adjustments for non-cash items		1,521,723			4,087,708
Change in working capital		562,339			11,238,199
Net cash from operating activities		2,834,978			14,515,448
Net cash used in investing activities		(27,440,212	)		(10,218,568	)
Net cash from (used in) financing activities		36,403,020			(84,412	)
Increase in cash and cash equivalents		11,797,786			4,212,468
Cash and cash equivalents at beginning of the period		47,874,344			43,798,230
Effect of exchange rate fluctuations on cash held		(277,125	)		(1,711,099	)
Cash and cash equivalents at end of the period		59,395,004			46,299,599

MAKEMYTRIP LIMITED

RECONCILIATION OF IFRS TO NON-IFRS FINANCIAL MEASURES

	Three months ended June 30
	Air ticketing				Hotels and packages				Others				Total
	2011		2012		2011		2012		2011		2012		2011		2012
Revenue		14,677,637		17,184,721		36,589,345		45,759,796		780,698		1,189,679		52,047,680		64,134,196
Less:
Service cost		269,035		1,601,181		30,673,822		38,650,117		—		—		30,942,857		40,251,298
Revenue less service cost		14,408,602		15,583,540		5,915,523		7,109,679		780,698		1,189,679		21,104,823		23,882,898

Reconciliation of Adjusted Operating Profit (Loss)	For the three months ended June 30
(Unaudited)	2011			2012
	(in USD)
Result from operating activities as per IFRS		1,791,771			(197,833	)
Add: Employee share-based compensation costs		(143,911	)		2,703,773
Adjusted Operating Profit		1,647,860			2,505,940

Reconciliation of Adjusted Net Income (Loss)	For the three months ended June 30
(Unaudited)	2011			2012
	(in USD)
Income (Loss) for the period as per IFRS		750,916			(810,459	)
Add: Employee share-based compensation costs		(143,911	)		2,703,773
Add: Cost related to follow-on public offering		879,994			—
Add: Net loss on change in fair value of derivative financial instrument		—			91,038
Add: Interest accretion on financial liability related to business combination		32,374			7,184
Add: Income tax benefit		(1,796	)		(172,198	)
Adjusted Net Income		1,517,577			1,819,338
Adjusted Earnings per share
Diluted		0.04			0.05

	For the three months ended June 30, 2012
	Revenue												Revenue less service costs
Reported Growth and Constant Currency Growth (Unaudited)	Air Ticketing			Hotels and packages			Other			Total			Air Ticketing			Hotels and packages			Other			Total
Reported Growth		17.1	%		25.1	%		52.4	%		23.2	%		8.2	%		20.2	%		52.4	%		13.2	%
Impact of Foreign Currency Translation		24.7	%		24.6	%		31.1	%		24.7	%		22.8	%		21.2	%		31.1	%		22.7	%
Constant Currency Growth		41.8	%		49.6	%		83.5	%		47.9	%		31.0	%		41.4	%		83.5	%		35.8	%

MAKEMYTRIP LIMITED

OPERATING DATA

	For the three months ended June 30
	2011			2012
	(in thousands, except percentages)
Number of transactions
Air ticketing		904.1			822.1
Hotels and packages		73.3			105.7
Revenue less service cost:
Air ticketing		14,408.6			15,583.5
Hotels and packages		5,915.5			7,109.7
Other revenue		780.7			1,189.7
		21,104.8			23,882.9
Gross Bookings
Air ticketing		218,819.6			214,662.2
Hotels and packages		45,296.4			56,810.2
		264,116.0			271,472.4
Net revenue margins
Air ticketing		6.6	%		7.3	%
Hotels and packages		13.1	%		12.5	%
Combined net revenue margin for air ticketing and hotels and packages		7.7	%		8.4	%